There are some items that many of us want to buy, even though we know they’re extremely overpriced. Which items are we talking about? You’ll find 19 examples of them in this article.
Convenience Store Drinks
Convenience store drinks are always more expensive than they are at the supermarket. This is because most of the drinks are kept cold so that you can consume them right away. You’re paying for the convenience of being able to grab a drink and go.
Designer Clothes
Designer clothes are very pricey. Because they’re designer, we expect to get a better quality product. But unfortunately, that isn’t always the case. Although the quality is better than non-branded clothing, it’s often not worth paying the extremely high price they’re selling for.
New Smartphones
The figures from Exploding Topics show that “Globally, almost 90% of cellular phones are smartphones. And the majority of the world’s population currently owns one.” Flagship smartphones are overpriced, but even still, some people camp overnight to be first in line to own them when they’re released.
New Laptops
Flagship laptops cost a pretty penny. But their value decreases as soon as a newer model comes out or after the laptop has been on the market for a couple of months. There’s constant pressure from the media that makes us want to buy them.
Rare Spirits
Some people won’t think twice before spending way too much money on rare or aged spirits. They do this often just to show off. A very rare spirit can cost thousands of dollars. More often than not, these expensive bottles sit in a showcase and are never opened.
Truffles
Truffles are a very expensive food item. “Prices vary depending on the market, but white truffles can cost $4,000 per pound,” says Martha Stewart. But although just a couple of truffles will land you a hefty bill, people still want to order them at restaurants.
Ferrari
A Ferrari is a masterpiece of modern engineering. But this luxury car is out of the price range of most people. Even still, many people get themselves into a lot of debt in an attempt to buy this car. Luxury vehicles like these appeal to car enthusiasts.
Designer Bags
Some of the most expensive designer bags by Chanel, Hermes, and Louis Vuitton will set you back hundreds of thousands of dollars. Even though these bags are so unbelievably expensive, many people would do anything to own one. Some people get themselves into a lot of debt trying to buy designer handbags.
Rolex
What kind of watch would you like? Many people would love to purchase a Rolex watch because they’re so iconic and known to be extremely expensive. There are good watches out there that you’ll pay a mere fraction of the price for, but still, none of them appeal as much as a Rolex.
Hotels
High-end hotels such as Atlantis, The Royal, Four Seasons, and Palms Casino Resort can cost thousands of dollars to stay in per night. These hotels are very luxurious but are also extremely overpriced. Only the rich and famous can afford to stay in hotels such as these.
Islands
If you have a hundred thousand dollars lying around in your pocket, you can buy yourself a private island. The more you spend, the more amenities the island will have, and the better it will be. Although buying an island seems completely ludicrous, many are tempted to do so.
City Houses
A house in a popular city such as London or Manhattan will cost far more than the same house in a different city in the world. But although the property prices are sky high, many people are still tempted to get property in these expensive areas.
Caviar
“This stuff is expensive,” says Eater. “A pound of the best caviar can easily cost more than a midsize car. Restaurants can easily charge $200 or more for a single serving.” Even though it’s pricey, many people are tempted to try it at restaurants to savor the expensive taste.
First Class Plane Tickets
A seat in first class on a plane always looks so luxurious. You have more space, the chairs recline all the way back, and you get better attention and food from the cabin crew. But if you are only traveling a short distance, is first class really worth it?
Designer Shoes
Designer shoes are always more expensive than non-branded shoes, but we still gravitate toward buying them. Why? Showing off a designer shoe can give us confidence that we don’t get with everyday shoes. We buy them, although we know we’re just paying for the name.
Fine Wine
According to Gitnux, “The most expensive bottle of wine ever sold, a 1945 Romanee-Conti, went for an eye-watering $558,000 at auction. About 600 bottles of Romanée-Conti are produced each year, contributing to its high value.” Yes, some people spend crazy amounts of money on vintage wines.
Airport VIP Lounge
The VIP lounge at the airport allows you to enjoy a more exclusive waiting area that’s full of luxury entertainment and food. A ticket to an airport lounge is very expensive, and you’ll only be there for a couple of hours. Although it’s very overpriced, people still want to pay to get in.
Luxury Spa Treatments
Most people like to go to the spa while they’re on vacation. But there are some spa treatments that are very expensive. Although it’s just a one-time experience, a lot of people will pay through the nose to have a luxury spa treatment.
Hotel Mini Fridge
The mini fridge in a hotel room is always full of a couple of snacks and drinks for your convenience. But these snacks are extremely overpriced because you’re paying for convenience and because they’re kept chilled. Their shocking price tag doesn’t deter many people from having some.
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